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So...

Rumor of filing by Monday payment.

BoD apparently unwilling to endorse ESL plan due to legal liability... essentially my thesis that filing would be avoided due to cost is overwhlemed by BoD fear of liability cost to them instead.

Entire capital structure of SHLD moved down about 50-70% since my post.

'18 due now are now *ask* $33, vs. bid of $42 for SRAC bonds (???).

... basically, a super timely call. ;-)
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